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Trade and Development News

"It’s crunch time for diplomacy on Iran’s controversial nuclear program." Last year, President Rouhani answered Obama's question of possible coöperation on other matters with a "Persian proverb: 'Let’s raise the baby we just gave birth to before we have another.' This year, given the success of ISIS, the Iranians seem to be in a bit more of a hurry to get that process started" says Robin Wright.

Rising demand for meat and resource constraints are pushing China to look overseas. At the same time, China's food security continues to be haunted by food safety scandals - from melamine-laced milk to adulterated meat. These issues are opening up new opportunities for U.S.-China business.

Latin American Global Fellow Jorge Heine, who was recently appointed as Chile's ambassador to China, is the author of this article about the expansion of food exports from Chile to China. This article is in Spanish.

As Canada wraps up its Comprehensive Economic and Trade Agreement (CETA) with the EU, it remains deeply involved in another very ambitious multilateral negotiation: the Trans Pacific Partnership (TPP). Canada became an observer to the TPP negotiations in 2010, but did not become a full member until 2012 because New Zealand, one of the founders of the TPP negotiations, and the United States held up Canada’s request due to concerns about Canada’s supply management of dairy, poultry, and eggs, as well as the longstanding U.S. complaint about Canada’s lack of protection for intellectual property rights.
So when Canada and Mexico announced they would like to join the TPP negotiations, trade observers asked out loud if Canada would be willing to disband its supply management. Accession to the negotiations meant accepting the rules at the time of accession, and New Zealand, having liberalized its dairy industry over the last decade or so, was not about to give Canada a pass on supply management.

From August 4-6, 2014, the first ever US-Africa Summit took place in Washington, DC. The Africa Program and its colleagues provided daily coverage of the event and a variety of perspectives on what this means for US-Africa relations going forward.

Mexico Ascendant: How to Grow Cross-Border Trade, is one of several conferences in The Economist’s "Trade Horizons" series and will examine how US companies can best leverage the $507 billion import-export market with Mexico.